Common use of Sales to Bloom Energy or Third Parties Clause in Contracts

Sales to Bloom Energy or Third Parties. If, under the PDA, SK does not exercise the Distributor ROFR, there is an applicable Exclusion, or the Distributor ROFR is no longer effective (in each case, as defined by the terms of the PDA), then JV Scope associated with such Product (as defined in the PDA) sale may be sold directly from the JV Company to Bloom Energy or to a third party.”

Appears in 3 contracts

Samples: Joint Venture Agreement (SK Ecoplant Co., Ltd.), Joint Venture Agreement (SK Ecoplant Co., Ltd.), Joint Venture Agreement (Bloom Energy Corp)

AutoNDA by SimpleDocs

Sales to Bloom Energy or Third Parties. If, under the PDA, SK does not exercise the Distributor ROFR, there is an applicable Exclusion, or the Distributor ROFR is no longer effective (in each case, as defined by the terms of the PDA), then JV Scope associated with such Product (as defined in the PDA) sale may be sold directly from the JV Company to Bloom Energy or to a third party.”

Appears in 2 contracts

Samples: Joint Venture Agreement (SK Ecoplant Co., Ltd.), Joint Venture Agreement (SK Ecoplant Co., Ltd.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!